Investor Presentaiton

Woolworths Group Full Year Results 2022 Creat lafgew trusted bands ading mere potonin Food & Everyday Needs Growth tunisia Inacam and ajacances Deve chascades through the cycle org cash row from ALS and NZ businesses Strong operating cash flow generation Sustaining ( Free cash flow Tyday 70-75%vidend outlandi Strong funding profile with substantial available liquidity Investment in growth Ongine and ineegand growth dat exceeds minimum retur hurdles part reduction Ingall qualityand capity invest for the future Return excess capital Spauld check to diet route ces cash and ranking 1,200 Debt maturity profile ($m)1 800 400 Mix by interest type² 61% 39% F23 F24 F25 F26 F27 F28 F29 F30 F31 F32 ■ Floating Fixed ■Capital Markets debt Bank debt - drawn A solid investment-grade credit rating S&P: BBB (stable outlook)³ Moody's: Baa2 (stable outlook)3 There is currently significant headroom above thresholds for current ratings • . Sources of funding and liquidity remain strong, with total committed undrawn bank facilities of $2.5b4, in addition to cash Weighted average maturity of 4.0 years4 Weighted average cost of borrowing for F22 of 2.02% compared to F21 of 2.72% In Q2 F22, the Group successfully completed $1.6b of Sustainability Linked Bonds In Q4 F22, the Group entered into $1.25b of bilateral revolving bank facilities refinancing existing $1.2b bilateral revolving facilities which have been cancelled F22 net debt (excluding lease liabilities) of $3.3b (F21: $1.9b). Including lease liabilities, total net debt of $15.8b (F21: 13.9b) Woolworths Group 1 Bank debt drawn as at 26 June 2022 under short-term uncommitted facilities included in F23 maturities. Excludes lease liabilities and undrawn committed bank debt 2 Drawn committed debt only as at 26 June 2022 3 Credit ratings issued by a credit rating agency which holds an Australian Financial Services Licence authorised to issue credit ratings to wholesale clients only and are published for the benefit of the Group's debt providers 4 As at 26 June 2022 28

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